GGOV vs VTEC
Comparison between iShares Global Government Bond USD Hedged Active (GGOV, ETF) and VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF).
GGOV vs VTEC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GGOV
$3B
Winner
VTEC
$3.10B
Expense Ratio
GGOV
0.39%
Winner
VTEC
0.06%
Max Drawdown
Winner
GGOV
4.69%
VTEC
5.70%
Sharpe Ratio
GGOV
-0.77
Winner
VTEC
0.28
5Y Beta
Winner
GGOV
0.04
VTEC
0.05
GGOV vs VTEC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GGOV
+0.46%
VTEC
-0.59%
3M
Winner
GGOV
+0.79%
VTEC
+0.36%
6M
Winner
GGOV
+2.61%
VTEC
-1.44%
1Y
GGOV
-0.22%
Winner
VTEC
+4.69%
Max(CAGR)
GGOV
-0.16%
Winner
VTEC
+2.13%
GGOV vs VTEC - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | GGOV | VTEC |
|---|---|---|
| 2026 | +2.69% | +0.05% |
| 2025 | -2.81% | +3.86% |
| 2024 | N/A | +1.42% |
GGOV vs VTEC Drawdown Comparison
The maximum drawdown for GGOV was -4.69%, occurring on Jan 20, 2026. This drawdown has not yet recovered.
The maximum drawdown for VTEC was -4.50%, occurring on Apr 8, 2025. Recovery took 190 trading sessions.
The current GGOV drawdown is -1.12%. The current VTEC drawdown is -1.70%.
| Rank | GGOV | VTEC |
|---|---|---|
| #1 | -4.69% Oct 16, 2025 - Jan 20, 2026 | -4.50% Dec 2, 2024 - Sep 8, 2025 |
| #2 | -0.68% Sep 8, 2025 - Oct 14, 2025 | -2.85% Feb 27, 2026 - Mar 27, 2026 |
| #3 | -0.65% Jun 26, 2025 - Aug 1, 2025 | -2.43% Feb 1, 2024 - Aug 1, 2024 |
| #4 | -0.59% Aug 7, 2025 - Aug 28, 2025 | -2.13% Oct 1, 2024 - Dec 2, 2024 |
| #5 | -0.53% Aug 28, 2025 - Sep 8, 2025 | -0.79% Aug 6, 2024 - Sep 5, 2024 |
| #6 | -0.19% Aug 1, 2025 - Aug 5, 2025 | -0.47% Sep 17, 2025 - Oct 10, 2025 |
| #7 | -0.12% Aug 5, 2025 - Aug 7, 2025 | -0.44% Nov 26, 2025 - Dec 24, 2025 |
| #8 | N/A | -0.42% Nov 11, 2025 - Nov 26, 2025 |
| #9 | N/A | -0.34% Oct 29, 2025 - Nov 11, 2025 |
| #10 | N/A | -0.31% Jan 14, 2026 - Jan 30, 2026 |
| #11 | N/A | -0.16% Sep 27, 2024 - Oct 1, 2024 |
| #12 | N/A | -0.12% Sep 10, 2024 - Sep 13, 2024 |
| #13 | N/A | -0.11% Sep 17, 2024 - Sep 26, 2024 |
| #14 | N/A | -0.10% Sep 8, 2025 - Sep 10, 2025 |
| #15 | N/A | -0.09% Sep 11, 2025 - Sep 15, 2025 |
Correlation
Correlation between GGOV and VTEC is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
-0.34
-101
Select Stocks to Compare
Popular: GGOV vs SPYVTEC vs SPY
More Comparisons
Compare with similar stocks